FXStreet
72807 Articles
FXStreet is a website visited by over 1 million users nowadays, deliver the most advanced information and tools such as rates and charts, market analysis, forex news, economic calendar or webinars together with a wide variety of sources of information for traders to access the market in a conscious way.
FXStreet is made up of a team of approximately 60 people, 30 of them working from the head office in Barcelona. The rest of the staff is working from around the world.
A cooler inflation print buys British Pound Sterling nothing but a slower decline
The Pound's week-long slide slowed to a crawl on Wednesday, and it picked an odd session to do so, because the June inflation report handed sellers their cleanest argument yet.
Wed, Jul 22
South Korea Gross Domestic Product Growth (QoQ) above expectations (0.4%) in 2Q: Actual (0.6%)
South Korea Gross Domestic Product Growth (QoQ) above expectations (0.4%) in 2Q: Actual (0.6%)
Wed, Jul 22
South Korea Gross Domestic Product Growth (YoY) came in at 3.7%, above expectations (3.5%) in 2Q
South Korea Gross Domestic Product Growth (YoY) came in at 3.7%, above expectations (3.5%) in 2Q
Wed, Jul 22
South Korean Won: AI-driven exports support KRW outlook – Commerzbank
Commerzbank highlights South Korea’s exports rising over 50% year-on-year in early July, marking a seventh month of double-digit growth, driven by semiconductors and AI-related data centre demand.
Wed, Jul 22
Euro stalls as high energy prices increase Fed hawkish bets
The EUR/USD consolidates near 1.1400 late on Wednesday, up a modest 0.08%, as it consolidates, with the shared currency failing to capitalise on overall US Dollar weakness across the board.
Wed, Jul 22
Chinese Yuan: Short-term consolidation with bullish bias against US Dollar – UOB
United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann see USD/CNH consolidating in the near term after recent downside moves. Their 24-hour view expects the Dollar to trade between 6.7635 and 6.7755 as downward pressure has eased.
Wed, Jul 22
New Zealand Dollar stalls after hotter-than-expected inflation
NZD/USD trades lower near the 0.5820 area on Wednesday, extending its recent pullback as the New Zealand Dollar (NZD) struggles to benefit from stronger-than-expected domestic inflation data.
Wed, Jul 22
Hyperliquid, Robinhood could lead crypto’s next bull market as DeFi and TradFi converge
The next crypto bull market could be driven by the growing convergence between blockchain-based financial infrastructure (on-chain) and traditional finance (TradFi), according to Bitwise CIO Matt Hougan.
Wed, Jul 22
South Korean Won: Internationalisation roadmap supports won recovery – DBS
DBS Group Research economist Ma Tieying analyses South Korea’s new South Korean Won (KRW) internationalisation roadmap, unveiled by the Ministry of Finance and Economy, Bank of Korea and Financial Services Commission.
Wed, Jul 22
Australia unemployment rate set to steady at 4.4% in June, signaling strong job market
Australia will publish the June monthly employment report on Thursday at 01:30 GMT, and market participants expect a modest increase in job creation in the land Down Under.
Wed, Jul 22
Forex Today: US Dollar softens as oil and gold rally, ECB decision and Australian jobs loom
The US Dollar trades slightly lower on Wednesday as markets remain cautious amid escalating tensions surrounding Iran and the Strait of Hormuz. The US Dollar Index (DXY) slips toward 101.10, helping the Euro recover modestly, while most other major currency pairs remain relatively stable.
Wed, Jul 22
Philippine Peso: Under pressure from Oil surge – BNY
BNY’s Geoff Yu highlights that the Philippine central bank has intervened as higher Oil prices pressure Asian importers.
Wed, Jul 22
Singapore Dollar: Downside risk persists against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/SGD is trading just above 1.29 after a quiet session, with momentum only tentatively firmer.
Wed, Jul 22
GBP/JPY Price Forecast: Breaks support trendline, eyes on 217.50
GBP/JPY holds firm on Wednesday, with the cross-pair trading above the 218.00 figure, as sellers seem to have the upper hand, after a break of a key support trendline, which could open the door for further losses. At the time of writing, the cross trades at 218.16, down 0.05%.
Wed, Jul 22
Chinese Yuan: Growth shortfall feeds mild depreciation bias – Commerzbank
Commerzbank’s FX research notes USD/CNY trading around 6.77, slightly lower on the day.
Wed, Jul 22
USD/CHF Price Forecast: Reclaims 0.81 as market structure targets 0.82
USD/CHF registers solid gains on Wednesday, with buyers reclaiming the 0.8100 figure amid a trading session in which the Greenback loses ground against most G8 FX currencies but posts gains versus the haven status of the Swiss Franc. The pair trades at 0.8146, up more than 0.20%.
Wed, Jul 22
Euro elevates ahead of ECB decision and Japanese inflation data
EUR/JPY trades marginally higher near the 186.20 area on Wednesday as the Japanese Yen (JPY) remains under pressure near multi-decade lows. The Euro (EUR) is relatively stable as investors avoid taking large positions ahead of the European Central Bank’s (ECB) monetary policy announcement.
Wed, Jul 22
Gold price breaks higher as US Dollar weakness fuels rally
Gold price (XAU/USD) surges over 1.50% on Wednesday, cracks a key resistance trendline and hits a new two-week high as the Greenback weakens. This Bullion price action comes despite rising tensions and hostilities between the US and Iran.
Wed, Jul 22
Silver Price Forecast: XAG/USD struggles to build momentum above $60.00
Silver (XAG/USD) trades with modest gains on Wednesday, supported by a slight pullback in the US Dollar (USD). However, the metal lacks strong upside momentum as traders weigh energy-driven inflation risks and their impact on the Federal Reserve’s (Fed) interest-rate outlook.
Wed, Jul 22
Euro gains against British Pound after mixed UK inflation report,ECB decision looms
EUR/GBP edges higher on Wednesday as a mixed UK inflation report weighs modestly on the British Pound (GBP). At the time of writing, the cross trades around 0.8533, extending its recovery after falling to its lowest level in more than a year earlier this month.
Wed, Jul 22
